Here’s to this week’s news roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from 31 August to 06 September, 2020.
Top Startup News & Stories of Week
The following list encompasses the selected news feeds out of the ones published on LAFFAZ last week – talking about MENA startups and the Indian startup ecosystem, such as startup funding updates, acquisitions, partnerships, developments, launches and other major announcements.
The Indian government on Wednesday (02 September) banned another extensive clutch of 118 Chinese mobile applications, including widely played video game PUBG – saying that the move is in the interest of “sovereignty and integrity of India, defence of India, security of state and public order” by invoking Section 69 of Information Technology Act. Read more ❯
Dubai-based luxury resale marketplace The Luxury Closet (TLC) has yesterday announced that the company has raised an undisclosed sum from Huda Beauty Investments (HBI), the private investment office of the founders of Huda Beauty. Read more ❯
▸ Exclusive Interview: Dr. Tausif Malik on how Halal Investment is gaining momentum in the startup ecosystem
The launch of the Halal Angels Network during COVID-19 crisis caught our attention and boosted our interest to dive deeper to know more about the Halal/Shariah investment. The concept so unique, imagine ‘startups having shariah-compliant funding’, the market potential looks massive even without getting into stats and numbers. Read more ❯